A new trading day began on Tuesday, with Cadiz Inc (NASDAQ: CDZI) stock price down -0.70% from the previous day of trading, before settling in for the closing price of $4.27. CDZI’s price has ranged from $2.12 to $4.72 over the past 52 weeks.
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A company in the Utilities sector has jumped its sales by 45.19% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 16.38%. With a float of $47.52 million, this company’s outstanding shares have now reached $68.10 million.
In an organization with 18 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -14.31%, operating margin of -398.21%, and the pretax margin is -527.95%.
Cadiz Inc (CDZI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Water Industry. The insider ownership of Cadiz Inc is 36.80%, while institutional ownership is 38.94%. The most recent insider transaction that took place on Nov 05 ’24, was worth 6,913,800. In this transaction 10% Owner of this company bought 2,070,000 shares at a rate of $3.34, taking the stock ownership to the 22,783,965 shares. Before that another transaction happened on Apr 18 ’24, when Company’s CEO bought 25,000 for $2.25, making the entire transaction worth $56,250. This insider now owns 966,921 shares in total.
Cadiz Inc (CDZI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.38% per share during the next fiscal year.
Cadiz Inc (NASDAQ: CDZI) Trading Performance Indicators
Here are Cadiz Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 57.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.33 in one year’s time.
Technical Analysis of Cadiz Inc (CDZI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.43 million. That was better than the volume of 0.24 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.06%. Additionally, its Average True Range was 0.24.
During the past 100 days, Cadiz Inc’s (CDZI) raw stochastic average was set at 75.34%, which indicates a significant decrease from 82.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.49% in the past 14 days, which was lower than the 71.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.62, while its 200-day Moving Average is $3.12. However, in the short run, Cadiz Inc’s stock first resistance to watch stands at $4.33. Second resistance stands at $4.42. The third major resistance level sits at $4.49. If the price goes on to break the first support level at $4.17, it is likely to go to the next support level at $4.10. The third support level lies at $4.01 if the price breaches the second support level.
Cadiz Inc (NASDAQ: CDZI) Key Stats
With a market capitalization of 318.78 million, the company has a total of 75,184K Shares Outstanding. Currently, annual sales are 1,990 K while annual income is -31,450 K. The company’s previous quarter sales were 3,220 K while its latest quarter income was -6,790 K.
